Is ABSA’s Africa growth strategy the answer to better earnings?

PUBLISHED: Tue, 12 Mar 2019 10:58:27 GMT
Share

ABSA released its annual financial results yesterday revealing a decrease in headline earnings per share from about 19 cents to 17 cents per share. The red bank which recently separated from its UK Group Barclays has forced the company into competing in the South African stiff competitive environment. Peter Matlare, Deputy CEO of Absa Group joins CNBC Africa for more.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.